3, LONGCROSS, PENNYLAND, MILTON KEYNES, MK15 8AW - £305,000

3 LONGCROSS is a very small detached house of 76m², built sometime between 2003 and 2006. It was last sold for £305,000 in September 2020, which was around 32% below the average September 2020 detached price in the Milton Keynes local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

3 LONGCROSS Sold Prices

Land registry data shows four sales for 3 LONGCROSS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. All of the four 3 LONGCROSS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 1 SEP	£305,000	£447,548	32% below HPI
2014 9 JUN	£224,995	£323,731	30% below HPI
2007 27 JUL	£180,000	£291,864	38% below HPI
1999 9 JUL	£78,500	£115,544	32% below HPI

3 LONGCROSS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The four 3 LONGCROSS sales between July 1999 and September 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 3 LONGCROSS?

3 LONGCROSS is 76m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 10% of detached houses in Milton Keynes, based on EPC data. The below chart shows the distribution of detached houses by size in Milton Keynes, and where 3 LONGCROSS lies on this distribution: 9% of detached houses are smaller than 3 LONGCROSS, and 90% of houses are larger. Note that EPC data is not available for all properties in Milton Keynes.

3 LONGCROSS: Plot and Title Map

3 LONGCROSS sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 3 LONGCROSS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 LONGCROSS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 LONGCROSS?

3 LONGCROSS is located in PENNYLAND, in the MK15 postcode district. The below map shows the position of No. 3 on LONGCROSS.